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'Lebanon’s energy future hinges on reform and private sector involvement'

'Lebanon’s energy future hinges on reform and private sector involvement'

The Peninsula
Wednesday, June 18, 2025 03:28:42 PM UTC

Doha, Qatar: Lebanon s new Minister of Energy and Water, Joe Saddi, outlined steps on how to rebuild his country s faltering economy and energy indust...

Doha, Qatar: Lebanon’s new Minister of Energy and Water, Joe Saddi, outlined steps on how to rebuild his country’s faltering economy and energy industry during a candid and forward-looking conversation in the latest episode of the Al-Attiyah Foundation podcast.

In a wide-ranging interview, Saddi, a former Chair of Strategy& Middle East and a veteran of major regional privatisation efforts, outlined Lebanon’s pressing energy challenges and the ambitious steps being taken to rebuild a fractured system. 

Speaking with host Nawied Jabarkhyl, the minister emphasised the need for institutional reform, transparency, and private-sector engagement to unlock investment and stabilise electricity supply.

“Lebanon has endured one of the most severe peacetime economic crises globally,” Saddi said. “But for the first time since 2019, we have a glimmer of hope. There’s a path, a tough path, but nevertheless there is path that if we follow, we should be able to get through the thick of it.”

At the heart of this transformation is the country’s electricity sector, which has long suffered from decades of underinvestment, regulatory stagnation, and chronic outages. 

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